PR Newswire
MILWAUKEE, June 21, 2023
MILWAUKEE, June 21, 2023 /PRNewswire/ -- Ademi LLP is investigating Quotient (NYSE: QUOT) for possible breaches of fiduciary duty and other violations of law in its transaction with Neptune.
Click here to learn how to join the action https://www.ademilaw.com/case/quotient-technology-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Quotient shareholders will receive only $4.00 per share, with an aggregate equity value of approximately $430 million. The transaction agreement unreasonably limits competing bids for Quotient by imposing a significant penalty if Quotient accepts a superior bid. Quotient insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Quotient's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Quotient.
If you own Quotient common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/quotient-technology-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP
